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Should Middle East Funds Own U.S. Banks?

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posted on Jul, 18 2008 @ 01:22 PM
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Should Middle East Funds Own U.S. Banks?


abcnews.go.com

As Citi reported its results, a Saudi prince was likely playing close attention. The nation's biggest banking firm counts as one of its top stakeholders Prince Alwaleed bin Talal.

As of last year, the prince owned more than $3 billion in Citigroup shares through his company, Kingdom Holding Company. In January, he was one of eight investors to buy a total of $12.5 billion in Citigroup securities.

(visit the link for the full news article)




posted on Jul, 18 2008 @ 01:22 PM
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Something is inherently wrong with this "system" here IMO...

The ultimate paradox-While simultaniously helping to bankrupt our country with disgusting profiteering from their Oil, the Saudi's are simultaniously BUYING up our country, and owning our BANKS? It's bad enough that the central banking system is a complete cesspool of foreign ownership who care NOTHING about the people of this nation, but the very people who are helping bankrupt us are BUYING up the banks?

Does anybody else see how disturbing and wrong this is, on so many different levels?


And just a couple of days ago, I posted this thread:

www.abovetopsecret.com...

Now, it's not too hard to figure out how these crooks are HIDING over a trillion dollars in "Shadow earnings" while claiming a LOSS publically! What a monumental SCAM being perpetrated against this nation!!


The Middle Eastern funds have "money is coming out of their ears because oil prices [have been] at $140 dollars a barrel," said Desmond Lachman, a critic of sovereign wealth funds and a fellow at the American Enterprise Institute, a conservative think tank. "These people have huge amounts of reserves and they want to invest them more profitably."




abcnews.go.com
(visit the link for the full news article)



 
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